Windows Phone put a significant drag on Microsoft's fourth-quarter earnings, released Tuesday. Revenue for the troubled platform decreased by $552 million, or 68 percent. Both Lumia and non-Lumia phone revenue declined, which Microsoft attributes to lower volumes and lower-priced devices.
average payment period. Definition. APP. The number of days a company takes to pay off credit purchases. It is calculated as accounts payable / (total annual purchases / 360). Use this term in a sentence. â You should always know how long your average payment period will be so that you can be prepared when the time comes.
The average collection period ratio is also known as the days sales outstanding ratio. Answer: The average collection period is the number of days, on average, that it takes a company to collect its credit accounts or its accounts receivables.In other words, this financial ratio is the average number of days required to convert receivables into cash.he average collection period is the number of days, on average, that it takes a company to collect its credit accounts or its accounts receivables.